Edition:
India

AS Creation Tapeten AG (ACWNn.DE)

ACWNn.DE on Xetra

13.90EUR
19 Jul 2019
Change (% chg)

€-0.10 (-0.71%)
Prev Close
€14.00
Open
€14.00
Day's High
€14.00
Day's Low
€13.80
Volume
708
Avg. Vol
1,169
52-wk High
€18.10
52-wk Low
€9.95

Latest Key Developments (Source: Significant Developments)

A.S. Creation Tapeten: Sale Of 50% Stake In OOO A.S. & Palitra
Tuesday, 2 Apr 2019 

April 2 (Reuters) - AS CREATION TAPETEN AG ::SALE OF THE 50% STAKE IN OOO A.S. & PALITRA.TRANSACTION IS WORTH A LOW DOUBLE-DIGIT MILLION EURO AMOUNT.LINS WALLPAPER WILL BUY 50% STAKE IN A.S. & PALITRA FROM A.S. CRÉATION TAPETEN AND REPAY SHAREHOLDER LOANS UNTIL DEC 31, 2019.TRANSACTION WILL HAVE NO IMPACT ON PUBLISHED EBIT FORECAST FOR FISCAL YEAR 2019.AS CREATION TAPETEN - 2019 EARNINGS AFTER TAXES WILL BE HIGHER THAN EXPECTED AS A RESULT OF TRANSACTION AND AMOUNT TO BETWEEN EUR 10.0 MILLION AND EUR 11.0 MILLION.  Full Article

AS Creation Tapeten FY Loss Before Taxes Of EUR 5.7 Mln
Thursday, 28 Mar 2019 

March 28 (Reuters) - AS CREATION TAPETEN AG ::FY SALES REVENUES DECLINED BY EUR 8.8 MILLION OR 6.2% TO EUR 134.5 MILLION.FY LOSS BEFORE TAXES OF EUR -5.7 MILLION FOR FISCAL YEAR 2018 (PREVIOUS YEAR: EUR -17.8 MILLION).NO DIVIDEND FOR FISCAL YEAR 2018.POSITIVE OUTLOOK ON 2019.PROJECTS CONSOLIDATED REVENUES OF BETWEEN EUR 135 MILLION AND EUR 140 MILLION FOR 2019.PROJECTS EARNINGS BEFORE INTEREST AND TAXES (EXCLUDING. EXTRAORDINARY EFFECTS) OF BETWEEN EUR 1.0 MILLION AND EUR 2.0 MILLION.  Full Article

AS Creation Tapeten: Chairman Of Supervisory Board Franz Juergen Schneider Resigns
Monday, 18 Feb 2019 

Feb 18 (Reuters) - AS CREATION TAPETEN AG ::CHANGE ON THE SUPERVISORY BOARD.FRANZ JUERGEN SCHNEIDER, CHAIRMAN OF SUPERVISORY BOARD, RESIGNS FROM OFFICE WITH EFFECT FROM END OF AGM ON MAY 9, 2019.WILL IMMEDIATELY BEGIN TO LOOK FOR SUITABLE CANDIDATES.  Full Article

A.S. Création Tapeten Changes On The Managing Board
Friday, 26 Oct 2018 

Oct 25 (Reuters) - AS Creation Tapeten AG ::DGAP-ADHOC: A.S. CRÉATION TAPETEN AG: CHANGES ON THE MANAGING BOARD.MAIK HOLGER KRÄMER HAS ASKED SUPERVISORY BOARD TO RELEASE HIM FROM HIS DUTIES AS MANAGING BOARD CHAIRMAN.SUPERVISORY BOARD APPOINTED DANIEL BARTH AS NEW MANAGING BOARD CHAIRMAN WITH EFFECT FROM NOVEMBER 19, 2018.  Full Article

AS Creation Tapeten 9-month Loss After Taxes Narrows To EUR 4.2 Million
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - AS Creation Tapeten AG ::9-MONTH SALES REVENUES DECLINED BY 6.1% FROM EUR 109.4 MILLION IN PREVIOUS YEAR TO EUR 102.7 MILLION.9-MONTH EARNINGS AFTER TAXES AT EUR -4.2 MILLION (PREVIOUS YEAR: EUR -15.9 MILLION).9MTH LOSS AT EUR 2.0 MILLION LOWER THAN PREVIOUS YEAR'S LOSS OF EUR 14.1 MILLION.  Full Article

AS Creation Tapeten H1 Revenues Down 3.9 Pct At EUR 72.8 Million
Wednesday, 25 Jul 2018 

July 25 (Reuters) - AS Creation Tapeten AG ::REVENUES FOR FIRST SIX MONTHS OF 2018 DROPPED BY 3.9% TO EUR 72.8 MILLION.H1 OPERATING PROFIT OF EUR 0.9 MILLION, COMPARED TO AN OPERATING LOSS OF EUR -0.3 MILLION YEAR AGO.H1 ADJUSTED EBIT AMOUNTED TO EUR 1.2 MILLION IN H1 2018 (PREVIOUS YEAR: EUR 0.1 MILLION).H1 EARNINGS AFTER TAXES ADJUSTED FOR CURRENCY EFFECTS OF EUR 0.3 MILLION VERSUS LOSS OF EUR -0.8 MILLION YEAR AGO.REVENUE AND EARNINGS PROJECTIONS FOR 2018 WILL PROBABLY NOT BE REACHED.  Full Article

A.S. Création Tapeten: French supreme court announces decision in anti-trust proceedings
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - A.S. CRÉATION TAPETEN ::IN APRIL 2016, THE COURT OF APPEAL IN PARIS REDUCED THE PENALTIES IMPOSED BY THE FRENCH COMPETITION AUTHORITIES ON SCE AND MCF INVESTISSEMENT SAS, TWO MEMBER COMPANIES OF THE A.S. CRÉATION GROUP, BY EUR 2.9 MILLION FROM EUR 5.0 MILLION TO EUR 2.1 MILLION.THE FRENCH COMPETITION AUTHORITIES THEREUPON LODGED AN APPEAL AGAINST THIS VERDICT WITH THE FRENCH SUPREME COURT ("COUR DE CASSATION").SAID ON WEDNESDAY SUPREME COURT ANNOUNCED THE VERDICT AND REVOKED THE VERDICT OF THE COURT OF APPEAL.SAID CASE WILL THUS BE RETURNED TO THE COURT OF APPEAL, WHICH MAY RETRY THE CASE.SCE AND MCF HAVE TO DECIDE WITHIN TWO MONTHS IF THE COURT OF APPEAL SHALL RETRY THE CASE OR IF THE COMPANIES ACCEPT THE PENALTIES ORIGINALLY IMPOSED.THIS DECISION WILL BE TAKEN AFTER HAVING EXAMINED THE SITUATION TOGETHER WITH THE COMPANIES' LEGAL COUNSEL.BECAUSE OF THE VERDICT OF THE SUPREME COURT THE AMOUNT OF EUR 2.9 MILLION WILL HAVE TO BE REPAID TO THE COMPETITION AUTHORITIES UNTIL FURTHER NOTICE.AS A CONSEQUENCE, THERE WILL BE NO IMPACT ON THE EARNINGS.POSITION OF THE A.S. CRÉATION GROUP IF THE PENALTIES ORIGINALLY IMPOSED ARE ACCEPTED.FINANCIAL SITUATION WILL BE AFFECTED BY A CASH OUTFLOW OF EUR 2.9 MILLION.  Full Article

AS Creation Tapeten swings to operating loss of EUR 14.1 mln in 9mths
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - AS CREATION TAPETEN AG ::DGAP-NEWS: A.S. CRÉATION TAPETEN AG: ANTI-TRUST PENALTIES WEIGH HEAVILY ON BOTTOM LINE.‍DECLINE IN REVENUES SLOWS DOWN NOTABLY IN Q3 2017​.‍AT EUR 109.4 MILLION, CONSOLIDATED SALES REVENUES FOR 9MTHS WERE DOWN BY 6.0%.‍OPERATING LOSS OF EUR -14.1 MILLION FOR FIRST NINE MONTHS OF 2017 (PREVIOUS YEAR: EUR +4.9 MILLION)​.‍ADJ FOR EXTRAORDINARY EFFECTS, 9MTH OPERATING RESULT DOWN FROM EUR 4.6 MILLION TO EUR -0.6 MILLION.‍EXPECTATIONS FOR FULL YEAR 2017 PUT IN MORE CONCRETE TERMS​.‍PROJECTS FY REVENUES OF BETWEEN EUR 138 MILLION AND EUR 143 MILLION​.SEES ‍EARNINGS AFTER TAXES OF BETWEEN EUR -16 MILLION AND EUR -19 MILLION FOR FULL YEAR 2017​.‍Q4 2017 IS EXPECTED TO BE INFLUENCED BY A CONTINUATION OF FIERCE COMPETITION FOR MARKET SHARE​.  Full Article

As Creation Tapeten: Court decides on amount of penalty in German anti-trust proceedings
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - AS CREATION TAPETEN AG ::DGAP-ADHOC: DÜSSELDORF SUPREME COURT DECIDES ON AMOUNT OF PENALTY IN GERMAN ANTI-TRUST PROCEEDINGS.‍PENALTY ON CO AMOUNTED TO EUR 10.0 MILLION, WHILE PENALTIES AGAINST PERSONS AFFECTED TOTALLED EUR 0.5 MILLION​.‍SHOULD VERDICT BECOME FINAL, A.S. CRÉATION TAPETEN AG WILL POST AN EXPENSE AND CASH OUTFLOW OF EUR 11.9 MILLION​.‍WILL POST AN EXPENSE AND CASH OUTFLOW OF EUR 11.9 MILLION​.‍MANAGING BOARD CONSIDERS PENALTIES NOW IMPOSED TO BE DISPROPORTIONATELY HIGH AND INAPPROPRIATE​.‍MANAGING BOARD AND COMPANY'S LEGAL COUNSEL WILL JOINTLY EXAMINE WHETHER AN APPEAL SHOULD BE LODGED AGAINST VERDICT​.  Full Article